BH Berkshire Hathaway BRK.B · NYSE · Financials
SEC EDGAR ↗ SEC EDGAR Filings checked 23 Oct 2026, 16:23 UTC Financials checked 23 Oct 2026, 16:23 UTC
Some records were last checked more than 24 hours ago. These are the last verified records; check the official source for the latest filings.
Annual reporting period: 2025-01-01 — 2025-12-31 · USD
Annual revenue $371.44B Year over year +0.0%
Annual net income $66.97B Consolidated net income
Annual operating income — Standard fact unavailable
Operating margin — Operating income / revenue
Revenue over time ANNUAL
2017-12-31 · 239,933,000,000 USD
2017 $239.93B
2018-12-31 · 247,837,000,000 USD
2018 $247.84B
2019-12-31 · 254,616,000,000 USD
2019 $254.62B
2020-12-31 · 245,579,000,000 USD
2020 $245.58B
2021-12-31 · 276,185,000,000 USD
2021 $276.19B
2022-12-31 · 302,020,000,000 USD
2022 $302.02B
2023-12-31 · 364,482,000,000 USD
2023 $364.48B
2024-12-31 · 371,433,000,000 USD
2024 $371.43B
2025-12-31 · 371,444,000,000 USD
2025 $371.44B Each bar is one fiscal year of revenue, ending on the date shown.
Income statement CONSOLIDATED Line 2025 2024 2023 2022 2021 2020 2019 2018 2017 Revenue $371.44B $371.43B $364.48B $302.02B $276.19B $245.58B $254.62B $247.84B $239.93B Operating expenses $318.47B $315.7B $321.14B $266.48B $243.75B $231.29B $225.7B $219.21B $221.24B Non-operating income — — — — — $40.75B $72.61B $-22.46B $2.13B Income tax expense $15.2B $20.82B $23.02B $-8.5B $20.91B $12.44B $20.9B $-321M $-21.52B Net income $66.97B $89B $96.22B $-22.76B $89.94B $42.52B $81.42B $4.02B $44.94B
Balance sheet CONSOLIDATED Line 2025 2024 2023 2022 2021 2020 2019 2018 2017 Total assets $1.22T $1.15T $1.07T $948.47B $959.39B $873.73B $817.73B $707.79B $702.1B Cash and equivalents $52.57B $48.38B $38.64B $36.4B $88.71B $48.4B $64.63B $30.81B $31.58B Inventory $24.42B $24.01B $25.86B $25.37B $20.95B $19.21B $19.85B $19.07B $17.37B Total liabilitiescomputed $502.47B $502.23B $499.21B $466.78B $453.19B $422.39B $389.17B $355.29B $350.14B Shareholders' equity $717.42B $649.37B $561.27B $473.42B $506.2B $443.16B $424.79B $348.7B $348.3B Retained earnings $763.19B $696.22B $607.35B $511.13B $534.42B $444.63B $402.49B $321.11B $255.79B
Cash flow statement CONSOLIDATED Line 2025 2024 2023 2022 2021 2020 2019 2018 2017 Operating cash flow $45.97B $30.59B $49.2B $37.35B $39.43B $39.77B $38.69B $37.4B $45.73B Investing cash flow $-44.49B $-10.29B $-32.66B $-87.6B $29.39B $-37.76B $-5.62B $-32.85B $-41.01B Financing cash flow $2.23B $-10.36B $-14.41B $-1.66B $-28.51B $-18.34B $730M $-5.81B $-1.4B Capital expenditure $20.93B $18.98B $19.41B $15.46B $13.28B $13.01B $15.98B $14.54B $11.71B Depreciation and amortisation $13.48B $12.86B $12.49B $10.9B $10.72B $10.6B $10.06B $9.78B $9.19B Share buybacks — $2.92B $9.17B $7.85B $27.06B $24.71B $4.85B $1.35B —
Key ratios COMPUTED HERE Line 2025 2024 2023 2022 2021 2020 2019 2018 2017 Net margin 18.0% 24.0% 26.4% -7.5% 32.6% 17.3% 32.0% 1.6% 18.7% Return on equity 9.3% 13.7% 17.1% -4.8% 17.8% 9.6% 19.2% 1.2% 12.9% Return on assets 5.5% 7.7% 9.0% -2.4% 9.4% 4.9% 10.0% 0.6% 6.4% Asset turnover 0.30× 0.32× 0.34× 0.32× 0.29× 0.28× 0.31× 0.35× 0.34× Debt to equity 70.0% 77.3% 88.9% 98.6% 89.5% 95.3% 91.6% 101.9% 100.5% Net debt $-52.57B $-48.38B $-38.64B $-36.4B $-88.71B $-48.4B $-64.63B $-30.81B $-31.58B Free cash flow $25.04B $11.62B $29.79B $21.89B $26.15B $26.76B $22.71B $22.86B $34.02B
Amounts are as filed. An em dash means that line was not reported, not that it is nil; rows marked “computed” and the whole key-ratios table are worked out here from those amounts.
About this record 9 fiscal years from 2017 to 2025, covering 17 statement lines, collected from SEC EDGAR. The most recent was confirmed on 2026-03-02.
This record carries 17 lines, fewer than most. Either the business has no cost of revenue or inventory to report — a bank does not — or the company does not disclose those lines separately. A missing row means unreported, not nil.
This page offers no investment view or forecast about Berkshire Hathaway. The amounts are as the company filed them, the ratios follow from those amounts, and no currency is converted.
Run these figures through the calculators · Reading guides · Methodology